The Shiv Sena Uddhav Balasaheb Thackeray (UBT) criticized the Devendra Fadnavis government for painting a rosy picture of Maharashtra’s economy. The party, through its mouthpiece ‘Saamana,’ dismissed the government’s assertion that the state would become a trillion-dollar economy within three years as misleading. The editorial highlighted concerns over rising debt and a decline in per capita income ranking.
The editorial pointed out discrepancies between the government’s optimistic projections and actual economic indicators. Despite growth in Gross State Domestic Product (GSDP), Maharashtra’s per capita income ranking has fallen to fifth in the country. The editorial emphasized that the state’s economic position is a result of decades of development efforts, not just recent governance.
According to the editorial, Maharashtra’s debt has surged, making it the most indebted state in India. The state’s debt is projected to reach Rs 11.02 lakh crore, with each citizen burdened by around Rs 85,000 of debt without taking any loans. The editorial criticized the government for neglecting the increasing debt burden on citizens and failing to address the mounting debt levels.
The Shiv Sena warned that the government’s trillion-dollar promises are overshadowed by the escalating debt-to-GSDP ratio, expected to reach 21 percent by year-end. The party cautioned that the public is vigilant about these economic challenges and will demand accountability from the administration for its promises.
